Values have been changing and have risen £1,615 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,536 in last 6 months, £22,774 in last 1 year, £45,424 in last 2 years, £43,900 in last 3 years, £47,554 in last 4 years and £45,030 in last 5 years.
Currently average asking price of a property in Rosewood Avenue, Hornchurch, RM12 is around £311,486 based on approximately 5 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,047 per month.
Estimated property value in Rosewood Avenue, Hornchurch, RM12 is £261,249. Average asking price is £311,486 while average price paid is £233,300 which is up by £22,774 and Avg. asking rent £1,047.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Rosewood Avenue, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £233,300 based on approximately 5 sales in Rosewood Avenue, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £214,780. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £208,924 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £214,986 per sale.